Although I'd still like to see a final rally into the Fed....I could make a case that OEX has put in a wave 5=1 top from the July low.....the move out of the June low was a 3 count so using the july low as the start of wave 1. We'll see how the count goes here on a 5 and/or 15 min chart.
TWT
http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=3&mn=6&dy=0&i=p34926924656&a=88876576&r=6346.png
FWIW
Started by
eminimee
, Jan 17 2007 03:24 PM
5 replies to this topic
#1
Posted 17 January 2007 - 03:24 PM
#2
Posted 17 January 2007 - 03:29 PM
I have a sell on the Q's...early signal Tuesday and confirming today. however, I can see one more push up into Friday/Monday. I am short right now and wondering if I should go flat on close.
Edited by Chilidawgz, 17 January 2007 - 03:30 PM.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#3
Posted 17 January 2007 - 03:34 PM
QQQQ needs to close today or tomorrow below 44.75-86 zone to confirm that this is not merely temporary...my 2 cents only
#4
Posted 17 January 2007 - 03:35 PM
#5
Posted 17 January 2007 - 03:43 PM
http://www.traders-t...?...st&p=266533
broad top or bull flag
now we must choose
one's in Da Boy'z bag
the other's a ruse
(Where Da Hell is Da Cookie?)
broad top or bull flag
now we must choose
one's in Da Boy'z bag
the other's a ruse
(Where Da Hell is Da Cookie?)
Edited by spielchekr, 17 January 2007 - 03:44 PM.
#6
Posted 17 January 2007 - 03:50 PM
Closing my Q's short and going flat
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer